Vermont and New York mark one-year since Champlain Bridge closure

first_imgVermont Agency of Transportation (VTrans) Secretary David Dill and New York State Department of Transportation (NYSDOT) Acting Commissioner Stanley Gee this week marked the one year anniversary of the Lake Champlain Bridge closure on October 16 of last year, noting the significant progress made to provide travelers, especially those located in the vicinity of the bridge and dependent on transportation across the lake in their daily lives, with a link across Lake Champlain between Crown Point, NY, and Addison, VT. Today, the temporary ferry service is still in place providing round-the-clock transportation across the lake at no cost to passengers, and the underwater structures for the new bridge are nearly completed. Immediately following the bridge’s closure, New York and Vermont reached out to the surrounding communities through a series of public meetings to gather feedback and solicit input from residents and business owners on both sides of the lake. The states quickly began implementing the communities’ clear vision for restoring the corridor with a temporary ferry in the vicinity of the bridge and a brand new Lake Champlain Bridge at the same location. Community participation was crucial to choosing the site for the temporary ferry and for picking the design of the replacement bridge.VTrans Secretary Dill said “Opening the temporary ferry as quickly as possible was key to restoring the lives of both New Yorkers and Vermonters back to as close to normal as possible given the circumstances, and I am heartened at to hear from both residents and business owners that family life and economic vitality on both sides of the lake has rebounded significantly since the first ferry set sail. But as welcome as the ferry has been, we also realize that nothing short of opening the new bridge will completely restore our communities. To that end, everyone can rest assured that bridge construction will continue nonstop through the winter so that we can reestablish this vital economic, social and public-safety link as quickly as possible.”NYSDOT Acting Commissioner Gee said, “The New York State Department of Transportation, working with the Vermont Agency of Transportation, took the necessary steps to assure the safety of the traveling public when we closed the Lake Champlain Bridge. This bridge was an important piece of transportation infrastructure that connected people with employment, education and medical care. Responding to the need for this transportation link, NYSDOT and Vermont moved immediately to restore the connection with temporary ferry service while the permanent replacement bridge was being designed. I thank all of our partners for their hard work and dedication on this project, and I especially thank the communities on both sides of Lake Champlain for their input and patience as we build a new, state-of-the-art bridge to replace the former historic structure in this location.”Cracking in the bridge’s support piers prompted the closure and, if left untreated, could have led to structural failure and possible collapse, putting motorists and pedestrians in serious danger. By immediately closing the bridge, New York and Vermont were able to ensure the safety of the traveling public.The original Lake Champlain Bridge was demolished on December 28, 2009. While planning the complex demolition, the states also worked on building infrastructure to accommodate a temporary ferry. The ferry, carrying motorists across Lake Champlain every 15 minutes, opened in January of 2010. In the meantime, the two states worked on designing a replacement bridge to be located in the footprint of the old bridge. Several public meetings were held in New York and Vermont and the public was invited to vote in person and on-line on their preferred bridge design. The publicly preferred design – a Modified Network Tied Arch Bridge built of steel with an arch along the center span – was ultimately chosen to replace the Lake Champlain Bridge.Construction on the new bridge began in June, a short eight months after closing the bridge to traffic. Work has progressed on-schedule, with construction of bridge abutments and piers under way. Fabrication of the steel bridge members is progressing off-site. The project is on track to be completed next September, as scheduled. Source: VTrans. 10.16.2010. Photo by Ed Barna, Vermont Business Magazine.###last_img read more

Enlarged Gamesys returns to UK growth eyeing FTSE250 spot

first_img Submit Cash-focused Gamesys sanctions £40m debt repayment  March 3, 2020 Gamesys halts UK advertising during lockdown April 23, 2020 Share Related Articles Gamesys maintains UK growth as Euro regulatory headwinds stall performance August 11, 2020 Share StumbleUpon The governance of LSE-listed Gamesys Group, formerly JPJ Group, has cited confidence in achieving its corporate objective of indexing as a FTSE250 firm within the coming months.Publishing its full-year 2019 results, a new look Gamesys has reported a 35% increase in corporate revenues to £415 million (FY2018: £308m), citing ‘high organic growth’ achieved across the UK and Asia. Corporate governance branded 2019 as a ‘transformative year’, in which the company has taken full control of its technology stack and increased its UK B2C brand portfolio by acquiring group technology partner ‘Gamesys’ for £490 million last September. The strategic enlargement has allowed the company to ‘return to UK growth’, as it’s home market unit recorded 5% revenue growth to £357 million (FY2018: £339m). Further enlargement gains saw Asian operations surpass Europe as Gamesys’ second-largest revenue-generating region. Gamesys stated that it has established its presence within Japan after recording an Asia revenue increase of 137% to £122 million (FY2018: £55m).Commenting on company performance, Gamesys Group CEO Lee Fenton said: “I am delighted with Gamesys Group’s strong financial performance in 2019, particularly given the significant work undertaken around the acquisition and integration of the legacy Gamesys business.“Pro-forma5 revenues grew 15% delivered by growth the UK, Asia and North America, slightly offset by a decline in Europe, mainly due to regulatory developments in Sweden. It was particularly pleasing to see the UK return to moderate growth in 2019 as we annualised the introduction of enhanced responsible gambling measures and we expect to see similar trends in 2020.” Closing its 2019 accounts, Gamesys has absorbed £63 million in Q4 administrative costs (Q42018: £28m) primarily related to transactional fees and group taxes.Despite booking significant transactional costs, Gamesys maintained a 9% increase in adjusted EBITDA to £118 million (FY2018: £108m), sustaining its group net income at £85 million (FY2018: £86m). “After a transformative year, the Group can look to the future with confidence,” added Fenton. “Our ability to use enhanced scale, greater operational control and a renowned portfolio of brands will provide a strong platform for growth and at this early stage of the current financial year we are trading in line with our expectations. Finally, as ever, we aim to continue to provide an entertaining, fun and responsible environment for all our players to enjoy.” In its forward-looking, Gamesys underlined that 2020 trading thus far has remained in line with expectations. However, corporate governance is currently monitoring global COVID-19 developments closely and will issue investors with a further update prior to publishing its Q1 2020 trading statement in May.last_img read more

Seahawks’ Russell Wilson buys offensive linemen $12K each in Amazon stock

first_imgRussell Wilson recently became the NFL’s highest-paid player, but he hasn’t forgotten about who protects him.The Seahawks quarterback signed a four-year, $140 million extension with Seattle earlier this month. To celebrate, he then gifted each of his offensive linemen $12,000 in Amazon stock. “Every Sunday we go to battle together. You sacrifice your physical and mental well-being to protect me, which in turn allows me to provide and care for my family. Now it is my turn to return the favor, I would not be where I am today without you working to be great day in and day out.When I sat down to think of ways to honor your dedication a dozen different ideas came to mind. Some were flashy, some were cool, but I wanted to give you something that had a lasting impact. Something that would affect the lives of you, your family, and your children.”Wilson settled on $12,000 as an homage to the number 12, which the franchise has retired in honor of its fans, according to a report from The Seattle Times.Wilson has played the entirety of his seven-year career in Seattle and has said he wants to be a “Seahawk for life.” He threw for 3,448 yards and a career-high 35 touchdowns in 2018, leading his team to a 10-6 record and a second place finish in the NFC West standings behind the Rams. Wilson spent a total of $156,000 on 13 teammates, according to a TMZ Sports report. Each lineman also received a letter from Wilson.Wilson wrote:  Related News Seattle went on to fall to the Cowboys in the Wild-Card Round of the playoffs.center_img Josh Rosen trade rumors: Are Dolphins interested in dealing for the Cardinals quarterback? Russell Wilson wants to be a ‘Seahawk for life’last_img read more